Excessive Expenditures Policy
This Excessive Expenditures Policy addresses the utilization of corporate assets of a bank, credit union, or fintech company, other type of financial institution in an objective and prudent manner and prohibit excessive expenditures.
Table of Contents
- Purpose and Contents – Topic 1
- Policy Statement – Topic 2
- Board of Directors Responsibilities – Topic 3
- Senior Management Responsibilities – Topic 4
- Excessive or Luxury Expenditure Definition – Topic 5
- Expenditure Classification – Topic 6
- Violations to Policy – Topic 7
- Audit Policy and Reporting – Topic 8
- Staff Training – Topic 9
- Retention of Documentation – Topic 10
This Excessive or Luxury Expenditures Policy (approximately 6 pages) is available to purchase from BankPolicies.com in Microsoft® Word format.
NOTE: The complete contents of this product are also included in the Accounts Payable and Employee Expense Policy.
Product Update Protection Plan
Ensure your purchase from BankPolicies.com remains current by adding a Product Update Protection Plan to your shopping cart. You’ll automatically receive an updated version via email every time it’s revised, within one year from the last date of purchase.
